Monroe Joins National Thoroughbred League as CEO

The National Thoroughbred League announces that Mike Monroe has joined the league as its CEO. Monroe, who served as the chief marketing officer for Penske Media Corporation and chief marketing officer of Sundance Institute/Sundance Film Festival, brings a career spanning senior business-side leadership roles across Forbes, The Atlantic, and Conde Nast, comes to the NTL with deep expertise in executing experiential content, developing impactful brand partnerships, and elevating digital and social engagements that drive audience growth. Prior to joining the NTL, Mike had spent the past four years in the financial sector with Intrepid (Mitsubishi UFJ Financial Group) as managing director. The NTL, which aims to cultivate new interest among lifelong racing fans while also bringing more fans into the sport, has an ownership model that blends private capital with high-profile backers. The NTL is working with marketing leaders and NTL shareholders Ryan Detert and Chris Detert to attract investors from the entertainment and social media ecosystems. This comes as the league is readying to share more updates about welcoming in new financial partners, introduce new team ownership groups with additional influential figures across sports and culture, as well as announce its official schedule for the 2026 season, which will kick off at Laurel Park May 2 with another community event featuring two-time NFL MVP Lamar Jackson of the Baltimore Ravens. "The National Thoroughbred League is continuing to resonate across industry, entertainment and investment circles as we demonstrate how our unique model is unlocking new energy, audiences, and commercial opportunity around this iconic sport," said Randall Lane, co-founder of the NTL. "Mike is the right leader for our next chapter, and we're thrilled to bring his experience into the fold as we accelerate our growth in 2026." "The NTL has a rare opportunity to build a category-defining brand by putting a refreshed take on one of the world's most enduring sports," Monroe said. "The league's events deliver what people are craving: the drama of the race, the thrill of wagering, world-class brands and fashion, and real experiences with friends and family. I couldn't be more excited about the enormous potential, on and off the track, to build a modern league at the intersection of sport, culture, and entertainment."